The International Monetary Fund (IMF) said on Friday Angola's economic outlook remained generally favourable, but further steps were needed to create a sustainable fiscal position and reduce ...

Angola’s Lobito Corridor presents a unique and transformative opportunity for positioning the nation as a key logistics hub in Southern Africa.Alexandre Silveira, Managing Director, MSC AngolaThis ...

Angola’s economy has experienced a 4.4% GDP growth, surpassing earlier projections. This recovery was driven by stronger oil production and a rebound in the non-oil sector. Inflation although ...

Although Angola has made advances in its diversification efforts, the economy continues to be heavily dependent on crude oil with 94 percent of exports and 60 percent of fiscal revenues being ...

Angola, which is preparing to issue a new bond, has assured the IMF it will implement reforms to improve debt management and needs $6 billion in credit lines in 2010 to rebuild from a 27-year ...

Luanda, Angola: Mr. Abebe Aemro Selassie, Director of the International Monetary Fund’s (IMF) African Department, met yesterday in Luanda with President João Lourenço of Angola. At the conclusion of ...

The IMF said in February that Angola should do more to eliminate subsidies that cost about $3 billion last year — similar to the amount the government spent on health and education last year.